DrRockCoinz

CBDS inverted head and shoulders

Long
OTC:CBDS   Cannabis Sativa, Inc
CBDS seems to be setting up an inverted head and shoulders pattern with a potential breakout to the upside. The MACD on the 4 hour candles make this look very convincing.

I went long at 3.89 with a tight stop limit order set for 3.77 risking just 3%. Theres potential for up to 50% + profit.

My SL is so tight that I might get filled with short lived price action on Monday morning.

The new farm bill should be giving all hemp stocks a big boost pretty soon.
Comment: Stop loss triggered. Darn.